The average capital values in Noida, Greater Noida and Delhi dipped minimally by a per cent each. Gurgaon's housing market emerged as the worst-hit zone with a drop of 2 per cent in property prices in the last quarter of 2015 over the preceding one, as per the property portal 99acres.com

A recent Bloomberg poll of over 50 IT analysts says that IT services companies like TCS, Infosys, Wipro and HCL will struggle to reach double-digit growth. This will be the slowest pace of growth for IT service behemoth since the global financial slowdown following the 2008 Lehman Brothers crisis